Blame them for recession

Updated: Sep 18, 2009 18:09 IST

Kathleen Corbet: She slapped AAA seals of approval on even the riskiest pools of loans. A ratings agency's putting its top-grade stamp on such tenuous securities was dangerous.
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Kathleen Corbet: She slapped AAA seals of approval on even the riskiest pools of loans. A ratings agency's putting its top-grade stamp on such tenuous securities was dangerous.

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